GD stopping certain expiring domains from entering closeout?

[tomcarl]

Anyone ever watch a domain name on GD auctions and notice the listing just disappears immediately after ending with 0 bids without entering into closeout BIN like every other domain?

I thought it could've been renewed or transferred by registrant at first, but it couldn't be because I seen this happen the same day with about 3 or 4 really good ones I was watching.

Is this something known that if a name has obvious quality to it and receives no bids, it'll be flagged by GD and not sent to closeout?

 

[DomainVP]

Sounds like a post auction closeout snipe. I do this as well.

Let's run through the thought process though. The only reason I would snipe a name is because I didn't think it was worth an auction battle.

Obviously neither did anyone else.

Sometimes these buys pan out, but more then often they don't.

There is a trick to it ;0) that is pretty interesting if you toy with it enough.

Sniped a brandable last month for $20 and sold it for $1,500 the day it cleared into my account.

 

[Name Trader]

@DomainVP - I've been using GoDaddy Auctions for years and have no idea what you are talking about. How do you snipe a domain at GoDaddy Auctions. Also at what point in the auction process do you snipe the domain. And (again), how do you snipe a domain.

 

[hookbox]

Sounds like a post auction closeout snipe. I do this as well.

Let's run through the thought process though. The only reason I would snipe a name is because I didn't think it was worth an auction battle.

Obviously neither did anyone else.

Sometimes these buys pan out, but more then often they don't.

There is a trick to it ;0) that is pretty interesting if you toy with it enough.

Sniped a brandable last month for $20 and sold it for $1,500 the day it cleared into my account.

I have sold MANY domains for $XXXX that I bought for closeout prices. My highest sale being $19,500 for a name that only cost me $11 in closeout. Sold it only a few months after I bought it. So there are names that are worthwhile but some just don't find them because they don't put in the effort.

 

[DomainVP]

I too have sold MANY domains for $XXXX that I bought for closeout prices.

However the best and post profitable names that I have sold in the $xx,xxx range I have fought for at auction.

That was a nice sale you had there.

You are 100% right. There are many that are too lazy to do the legwork to find the names that are profitable. I picked up two 2001 reg names last week I was shocked nobody would shell out $19.95 for.

 

[Name Trader]

... and? Are you going to reply to my last post?

 

[DomainVP]

... and? Are you going to reply to my last post?

Allow me to consult with my magic 8 ball

 

[Name Trader]

You are being unneccessarily obtuse, imho.

 

[DomainVP]

But you can tell if it was a snipe, it will show on your watched list as closed at $11 (or less if the price was 10)

@AEProgram used the term 'snipe' and it is probably the best way to put it. I just call it stealthy buying.

Being the 1st to a closeout name the second that it is available.

It's not so much in reference to auctions, because as you know when a name has zero bidders and it ends it is no longer an actual auction.

 

[DomainVP]

You are being unneccessarily obtuse, imho.

Must everything be so serious? I did answer your question.

 

[Name Trader]

It's not so much in reference to auctions, but being the 1st to a closeout name the second that it is available

Must everything be so serious? I did answer your question.

If your first quote above was answering my question, it was posted after I said you were being deliberately abtuse. So up to the moment I posed that accusation it was still true. Now you have posted the second quote above, I'm assuming the first quote is answering my question.

Notwithstanding that, I still think you are being obtuse, and requires some further explanation to clarify. So, you are being first to a closeout name by placing a GoDaddy Backorder on a domain in auction, which is captured by the backorder when the domain moves from expiring auctions to closeout. That is a legitimate tactic, not shady in the least. I wouldn't call that sniping a domain. Which is why I was so confused by your terminology. Which was obtuse, imho.

 

[AEProgram]

If your first quote above was answering my question, it was posted after I said you were being deliberately abtuse. So up to the moment I posed that accusation it was still true. Now you have posted the second quote above, I'm assuming the first quote is answering my question.

Notwithstanding that, I still think you are being obtuse, and requires some further questions to clarify. So, you are being first to a closeout name by placing a GoDaddy Backorder on a domain in auction, which is captured by the backorder when the domain moves from expiring auctions to closeout. That is a legitimate tactic, not shady in the least. I wouldn't call that sniping a domain. Which is why I was so confused by your terminology. Which was obtuse, imho.

I dont think hes using gd backorder system. What happens is as soon as it closes with no sale you keep refreshing and the second its in closeouts you add to cart.

 

[Name Trader]

@AEProgram - That's exactly my point. DomainVP is being deliberately unclear, if you think he is refreshing his browser until the domain becomes available, whereas I think he is placing a backorder on the domain. At no time has he said he was doing that, but he had referenced my backorder comments earlier.

The reason, I think he's not refeshing his browser is because he is guaranteed he will capture the domain, and he cannot guarantee that by refreshing his browser. How many other Do-Do's are all refreshing their browser to be the first to save the $1 on a particular domain. It's even comical, if you think about it.

 

[AEProgram]

@AEProgram - That's exactly my point. DomainVP is being deliberately unclear, if you think he is refreshing his browser until the domain becomes available, whereas I think he is placing a backorder on the domain. At no time has he said he was doing that, but he had referenced my backorder comments earlier.

The reason, I think he's not refeshing his browser is because he is guaranteed he will capture the domain, and he cannot guarantee that by refreshing his browser. How many other Do-Do's are all refreshing their browser to be the first to save the $1 on a particular domain. It's even comical, if you think about it.

I dont think its about the 1 dollar saving, its about if you place a bid at 12 and many are watching there will be a bidding war, if you place no bid and the others arent either and all are hoping to grab it at closeouts then you stand a chance.

 

[DomainVP]

I dont think its about the 1 dollar saving, its about if you place a bid at 12 and many are watching there will be a bidding war, if you place no bid and the others arent either and all are hoping to grab it at closeouts then you stand a chance.

For me it's all about the $1 savings.

Seriously though, predicting a domain going to closeout is so very unpredictable.

Sometimes it goes to closeout within 5 minutes, sometimes hours.

 

[Name Trader]

@DomainVP - So you are saying you are placing a backorder ?

I think my/DomainVP's backorder solution beats AEProgram's refreshing the browser 100% of the time. And if the domain does get bids, I can just move the backorder onto another domain. Nothing really lost, except a little bit of time.

 

[AEProgram]

@DomainVP - So you are saying you are placing a backorder ?

I think my/DomainVP's backorder solution beats AEProgram's refreshing the browser 100% of the time. And if the domain does get bids, I can just move the backorder onto another domain. Nothing really lost, except a little bit of time.

I had no clue a backorder grabs a name if no bidders, what happens if the guy renews?

 

[hookbox]

@stub

You keep mentioning that you can place a backorder on a name while it is in auction and if it gets no bids then your backorder gets the name before it enters closeout. I have never done that but I don't think that is possible to do.

If a name gets a backorder while it's in auction then that name will show one bid at $10. Everyone will see that the name has one bid because of the backorder. Godaddy will not hide the backorder from everyone else.

 

[hookbox]

I had no clue a backorder grabs a name if no bidders, what happens if the guy renews?

If the guy renews, it throws everything out the window. The person who has the last say in this whole process is the registrant of the domain. If he renews at GD for $80 or transfers it out to another registrar for $9 he ultimately has the final say in what happens with the name. He can renew or transfer during the auction process or during the closeout process. He has up to day 41 to keep the domain and on day 42 it is removed from your GD account. In some circumstances you can have the domain renewed up to day 45.

 

[Name Trader]

OK. As I've said. I've used that in the past. I will try it again tonite and let you know if it still works.

 

[Name Trader]

Ok. The jury is in. I picked a domain with no bids on the domain, with $12 minimum bid and only a couple of hours left before it goes to $11. I placed a backorder on the domain. The domain auction showed up in the auction as a $10 bid. WTF happened to the $12 minimum bid? It just got reduced to $10, just like that.

So I conclude from this example that you can no longer use a hidden backorder to capture domains passing from expiring domains to closeouts. This used to be possible before, but it appears it doesn't work nowadays.